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Part I E+W General Principles as to Legal Estates, Equitable Interests and Powers

Infants and LunaticsE+W

[F122 Conveyances on behalf of persons suffering from mental disorder and as to land held by them [F2in trust].E+W

(1)Where a legal estate in land (whether settled or not) is vested [F3, either solely or jointly with any other person or persons, in a person lacking capacity (within the meaning of the Mental Capacity Act 2005) to convey or create a legal estate, a deputy appointed for him by the Court of Protection or (if no deputy is appointed] for him) any person authorised in that behalf shall, under an order of [F4the Court of Protection] , or of the court, or under any statutory power, make or concur in making all requisite dispositions for conveying or creating a legal estate in his name and on his behalf.

(2)If land [F2subject to a trust of land] is vested, either solely or jointly with any other person or persons, in a person who [F5lacks capacity (within the meaning of that Act) to exercise] his functions as trustee, a new trustee shall be appointed in the place of that person, or he shall be otherwise discharged from the trust, before the legal estate is dealt with [F2by the trustees].

[F6(3)Subsection (2) of this section does not prevent a legal estate being dealt with without the appointment of a new trustee, or the discharge of the incapable trustee, at a time when the donee of [F7an enduring power of attorney or lasting power of attorney (within the meaning of the 2005 Act) is entitled to act for the trustee who lacks capacity inrelation to the dealing.]]]